Abu Dhabi, Ithmaar and Gulf Finance House are reportedly looking to raise three private equity funds, including one focused on infrastructure and another on the hospitality sector.
2 min read · 22 January 2013
BC Partners will soon launch a tender offer for all remaining shares of Migros Türk following the purchase of a majority stake in May.
1 min read · 22 January 2013
San Diego, California-based private equity real estate firm Equity Based Services has picked up 1,563 storage units in Texas.
1 min read · 22 January 2013
Just €392m worth of transactions were completed in the first six months of 2008, compared to €1.9bn for the same period last year, according to a report by CBRE which warned the country was going through a ‘very challenging period.’
2 min read · 22 January 2013
The sovereign fund has doubled its profits to S$18.2bn although the size of its real estate portfolio has fallen by two percent in the past year. As the credit market fallout continues, Temasek has indicated it will continue to do direct deals in financial services.
2 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
The Southern California plant nursery operator, partly owned by CalSTRS, has selected turnaround specialist Black Diamond as its stalking horse bidder. Hines has also secured $62 million in debtor in possession financing from its lenders, which include Cerberus-owned GMAC Commercial Finance.
2 min read · 22 January 2013
SHUAA Capital has raised $240m for the first close of its hospitality fund focused on Saudi Arabia, ‘the first private equity fund domiciled in the Kingdom'. The fund will develop 17 hotels, apartments and resorts in the country.
2 min read · 22 January 2013
The joint venture that recently raised a $1bn real estate fund is targeting the Florida residential sector. The firms have acquired 500 condos in the Sunshine State ‘at significant discounts.’
1 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
